As the world starts to look to the future, embedding and adopting ESG into banks strategies has never been more important. With the continued drive towards a low-carbon economy, plus the pressure from regulators and policymakers, the most competitive banks are already moving to take advantage of the situation. In order to achieve long-term value creation through ESG integration, there are three key steps that every bank needs to take.
- STEP 1: Formalize a strategy and acquire the necessary capabilities to become ESG compliant
- STEP 2: Integrate climate risk into the overall risk assessment and reporting framework
- STEP 3: Assess the impact of the financial risks arising from climate change and incorporate those within the business strategy and reporting
When do you plan to take the next step in your ESG journey? Join our panelists as they discuss the strategies, tools, and frameworks you need to be the bank of the future.